MergerApr 14, 2026, 04:47 PM
Monroe Capital Completes $335.3M Asset Sale & Merger with HRZN
AI Summary
Monroe Capital Corporation completed the previously announced sale of its investment assets to Monroe Capital Income Plus Corporation (MCIP) on April 14, 2026, for approximately $335.3 million. Immediately following this asset sale, the company also finalized its merger with Horizon Technology Finance Corporation (HRZN). A portion of the gross proceeds received from the asset sale was utilized to repay all outstanding amounts under the ING Facility.
Key Highlights
- Completed sale of investment assets to MCIP for approximately $335.3 million.
- Finalized merger with Horizon Technology Finance Corporation (HRZN).
- Proceeds from asset sale used to repay outstanding ING Facility amounts.